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National homebuilder announces new agreement with Nationstar Mortgage

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Industry News
Friday, March 16, 2012
One of the nation’s largest homebuilders, KB Home, announced a new agreement with Nationstar Mortgage, under which Nationstar will become KB Home’s preferred mortgage lender.

“We look forward to working with Nationstar and its group of professionals who are dedicated to providing exceptional customer service to our homebuyers,” said Jeffrey Mezger, president and chief executive officer of KB Home. “Nationstar is a national lender that is capable of serving KB Home’s homebuyers as we continue to help them fulfill the American dream of homeownership.”

Under the agreement, Nationstar will offer a wide array of financing options and mortgage loan products to the company’s homebuyers at all KB Home communities nationwide.

Nationstar Mortgage, headquartered in Lewisville, Texas, offers FHA, VA, USDA, conventional conforming and nonconforming products directly to consumers. It is currently one of the largest non-bank mortgage servicers in the country with a portfolio of approximately $107 billion and 645,000 customers.

KB Home builds homes in 32 markets across the United States with a focus on providing choice and value to its customers. The agreement with Nationstar is intended to offer KB Home customers a seamless home buying experience, from purchase and mortgage application to picking up the keys to their new home.

KB Home’s signature Built to Order(TM) approach lets each buyer customize their new home from lot location to floor plan and design features.

 

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